Economy

Economy
4

Greenback Strengthens on Fed Expectations

www.topforexnews.com

With the US economy mostly on the upswing, and unemployment at a more reasonable level, many think that the Fed will continue to cut its quantitative easing efforts.


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12 weeks 1 day ago – Made popular 12 weeks 2 hours ago
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4

Euro Area Services Reading Helps Euro in Forex Trading

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Euro is higher today, gaining ground as the latest euro area services reading from Markit Economics indicates continued expansion.


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12 weeks 1 day ago – Made popular 9 weeks 16 hours ago
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UK Pound Struggles as Economic Data Weighs

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UK pound is struggling today, barely etching out gains against major currencies. The latest services output data disappointed analysts today, showing a drop instead of an increase. Concerns about the UK economy are on the rise now, thanks to this latest data.


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12 weeks 1 day ago – Made popular 9 weeks 16 hours ago
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4

US Dollar Index Pulls Back After Jobs Data

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Earlier, the US dollar index had been higher, in anticipation of December’s jobs data. However, when the nonfarm payrolls report was released, it was rather disappointing and the greenback immediately began losing ground.


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12 weeks 1 day ago – Made popular 9 weeks 16 hours ago
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4

Has the Japanese Yen Reached a Bottom?

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There is some speculation that the Japanese yen might have reached a bottom. The yen is currently trading higher against its major counterparts today.


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12 weeks 1 day ago – Made popular 9 weeks 16 hours ago
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6

UK Pound Gains Ground Even After Data Disappointment

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The latest GDP reading from the United Kingdom indicates that growth is moving at a slower rate than expected, and that is having an impact on the sterling.


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12 weeks 2 days ago – Made popular 12 weeks 1 day ago
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5

Loonie Lower as Canada Enters the Depreciation Fray

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Over the past few years, a number of currencies have done what they can to weaken a bit in order to stimulate economies and gain an edge in global trading. Now it appears that Canada is ready to play that game, and the loonie is lower as a result.


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12 weeks 3 days ago – Made popular 12 weeks 2 days ago
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US Dollar Gains Ground Following Economic Data

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Is the US dollar getting ready for a revival? With a recovering economy, the United States looks poised to surge ahead of other economies, and the greenback is reclaiming its strength as a premier world currency.


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12 weeks 3 days ago – Made popular 12 weeks 2 days ago
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4

Euro Pulls Back After Earlier Success

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Euro is pulling back today after earlier success against its major counterparts. Even though business confidence rose in Germany, there are enough problems elsewhere in the eurozone that the 18-nation currency is being bogged down today.


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12 weeks 3 days ago – Made popular 12 weeks 2 hours ago
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Dollar Index Rises on Global Uncertainty

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Global uncertainty is playing its part in gains for the US dollar index today. Safe haven demand is strong for the greenback, and the currency is gaining ground against some of its major counterparts.


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12 weeks 3 days ago – Made popular 12 weeks 2 hours ago
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